Optimism – the King of the L2 Market?

Optimism was the first L2 network launched on top of Ethereum in 2021.

Since then, over 50 new L2 networks have emerged, including well-known ones like Arbitrum, Base, Blast, Linea, Scroll, Mantle, and Starknet.

Despite the large number of competitors, the Optimism ecosystem remains the leader in terms of the number of transactions processed.

Here are some statistics illustrating Optimism’s dominance:

- 56.6% of all transactions in L2 networks go through either Optimism or networks built on its basis, such as Base, Mode, and Zora.
- If we include other networks built on Optimism but not sharing revenues (Blast, Mantle, Manta), this figure rises to 73%.

All networks built on Optimism will eventually be integrated into a single ecosystem with shared liquidity, bridges, and other applications, functioning as a unified whole rather than as separate networks.

Additionally, all networks in the Superchain ecosystem allocate a portion of their revenue…

#BTC the market is giving us a relief bounce as expected but it’s too early to talk about the move to new highs. The main resistance now is 62,500$ and the next weekly pivot date is 4th of August. If we don’t break it with confirmation before 4th of august the probability of a drop below 50K will increase. However, if we do flip 62K$ into support before August 4th, chances are high that we are going to new highs.

https://www.tradingview.com/x/DUZi2q5m/

Sigma Crypto Chad